Virginias Economic Trends and Impact on Local Budgets Virginia - - PowerPoint PPT Presentation

▶
virginia s economic trends and impact on local budgets
SMART_READER_LITE
LIVE PREVIEW

Virginias Economic Trends and Impact on Local Budgets Virginia - - PowerPoint PPT Presentation

Feb 23, 2023 177 likes •503 views

Virginias Economic Trends and Impact on Local Budgets Virginia Association of Assessing Officers James J. Regimbal Jr. Fiscal Analytics, Ltd July 13, 2012

slide-1
SLIDE 1

Virginia’s Economic Trends and Impact on Local Budgets

Virginia Association of Assessing Officers James J. Regimbal Jr. Fiscal Analytics, Ltd July 13, 2012

slide-2
SLIDE 2

2

  • !

" ## ## ## ##! ##" ##$ ##% ### ! " $ % #

  • &

'

()

slide-3
SLIDE 3

3 3 3

!" #$

3 !* * !* * !* * !* * #%# ## ## ## ## ## ##! ##" ##$ ##% ###

  • !

" $ % #

  • !

" $ % %

+(,+-.,

"/

slide-4
SLIDE 4

&'"()

4

slide-5
SLIDE 5

5

*)'"+,

  • .//.

0$)

  • ./1.

0$) # +01/ 2 #2 2$2# "* 3 2 2 * 4, !2 %2# "* 3,1, 2 %2% #* +22, ""2 "2" #* 1 #2 $ 2 $* (. %2! %%2" #* 15,. ! #2 ""2 %* 6,. "2 $$2" !* 7,/ #!2% !"2% "* 8. $"2" %!2 !* . "2 $!2 *

  • ,944,/
slide-6
SLIDE 6

6 6

" $#"2

2(:;$<=5, /1>, :; <=

  • &?@1

@ (4)($*., "*>, &,/.,5,5?1 ,:;!%<= (,13';8 5,,./,, /5/2A5;5

slide-7
SLIDE 7

7

# ! #,

7 ; ;!2 ;2 ;!2 ;2 ;!2 ;2

  • !

" $ % #

  • :=
  • :=

#3$$$$45-6 (

0(B

B(1,2,,C1212,/,2,.,2

slide-8
SLIDE 8

8

,99DD.,D46D&<?DD&<?#1 2"

; ;2 ; 2 ;"2 ;%2 ;2 ;2 ## ##! ##$ ###

  • !

$ #

  • %

$70% 4#86

+,2(2 (

slide-9
SLIDE 9

9 9 9 9 9 9 9

./1.19#$$$: &-),

9

%./1;

  • %./19
  • 7.,.E

#!%

  • #!%
  • F,

%

  • $
  • 4<

""

  • ""%
  • 7)+8"

"

  • <9=;
  • 8&D+2(:D5=

#%$

  • #"%
  • )8)

$

  • 1<<9
  • 4+-5,

#!

  • #!
  • 4+

"#

  • "%
  • &,,D0-,
  • $
  • >1.8

!2 #

  • ?@.A9B
  • 6C8,

2$$

  • 2$#
  • 48-6

2!"$

  • ;@<B==
  • 86C6,.

2!$#

  • 2!
  • ,51/:D6=

2"#%%

  • 2"%
  • +
  • 4&

!

  • !$
  • 4
  • 7$$$

51A@;9.?

  • 51A@9=A=
  • B.
slide-10
SLIDE 10

10 10 10

C #

10

,9##2&,1,5&, ()137D&48(,./

"* * * * * * "* %* * * * "* %

#C

  • /+

+7-.,

slide-11
SLIDE 11

11

6,<-5,G

  • &,/:*=.2

:*=

  • 1,*H.,H
  • H.2,

11

11

,96-2&&1-

./11 ./1/ 1D./1. 1D./11

  • %

"

  • !#

6- " %% $

  • 4&

! "! % 4/ $% # ##

  • ?D7/5,

! % %%

  • ,

% !$ "!

  • ,

"% $" % "

  • /.

;; ;B .9

slide-12
SLIDE 12

12 12

78+<&

12 ;!22 ;$22 ;#22 ;22 ;22 ;!22 ;$22 ;#22 ###

  • !

" $ % #

  • D)C3$7E
slide-13
SLIDE 13

13 13

"* * * * * * "* %* * * * ###

  • !

" $ % #

  • %

C+3C#+ 46

slide-14
SLIDE 14

14

C

14 ,9&&4.-7-.,,2()

"* $* %* #* * * * * *

  • !

" $ % #

  • #C0E$
slide-15
SLIDE 15

15 15 15 15

C*8 )C

  • C)

%.//= %./1/ %./11%./1.46 %./1;46 %./1946 (&I ;!2"$" ; 2$"#% ; 2$ ; 2%# ;!2 # ;!2$ % 66,. ;%%% ;%$%$ ;%"% ;%$ ;% " ;%% ,51/ ;$ ;!!"% ;"%" ;""$$ ;"$$% ;"$% !"#$$%# & & & & & & 4,811 ;!! ; ; ; % ! ! 4+ ;#! ;#! ;#! ;#! ;#! ;#! &7/-, :;!= :;!= :;"= :;"= :;!= :; != 7C 5B@.B?< 5A@.9A? 5A@.?/; 5A@91== 5A@B1.< 5A@B1;? 7$$$ 51?@=9;/ 519@ABA. 51?@9?A9 51<@??<= 51A@;9.? 51A@9=A= C ?./ 9=/ 9<= 99B 9?/ 99A

slide-16
SLIDE 16

16 16

./1.19>1.+ $3D:

  • 01'J :;#=
  • 1,15,
  • 31/(-.,,4,1(

,,(,J :;%=

  • ,414&A,J :;"!=
  • 9'I/1 )J :;"$=

B

  • .,5,,91,,218H, 2

1,1#*%*1,21,,1,2 ,1,2:11,99DD..DD1DD" D,5K,K'1

slide-17
SLIDE 17

./1.") F7C#

  • 0E$&*$
  • &5/;I1, 5.,5,
  • ;5?112
  • ; $,IL;"%

,1,

  • ; /10
  • ;%1/.
  • ,5,&+7M5?N,;!(); !

()

  • .1-
  • &; ,5,:;%$"=1OH,/.

(,,!$

  • ;$5/&L6,+,(,
  • A,(1
  • 13C+10P,
  • 14<87

17

slide-18
SLIDE 18

18 18 18 18 18 18 18 18 ,(2/12,0(21,,1, ;!2$ ;!2 ; 2! ; 2! " ; 2% ; 2% ; 2 ; 2 ; 2 ; 2" ; 2% ;!2 ;!2 ;!2 #

  • %

G+$&+%/=2 4$$$6

slide-19
SLIDE 19

19 19

G3&C7 #H0

  • 4,&
  • ,/,11?1

1,!1,

  • /4
  • 3//!*1!*:*1

*. !/=

  • 3/!*1!*2.!/
  • 8/<1Q

1()$*1<1 :%* "2#*"%=

  • +<
  • P,. 1/1:5,

.P,1D,/ =2., ;!1/1/4+<A

slide-20
SLIDE 20

20 20

)( 7 -117:;3=B

20

B9DD5..D1D"*!4K()1

%./1;1B$$$0E$

>1.0 ;1 68, * 3 " * 3*I* /< ") /< 8(& * F, * 4C+ "* 0-2&2(/ !* 7$$$ ;.

slide-21
SLIDE 21

21 21

#C#, #-+3

  • .,1,,,1:,

!*., =+, .,4.111,

  • //(,,5J 611/(.,5.

"/.:*=-(

  • 5,1/5

1/

  • 3,1.,

115,?25,, , !23 ! '1.,D.D5.5 .,A,?,

  • 5/.P,

" 11,1,1

slide-22
SLIDE 22

22 22 22

(,+46.3+ 0,L +

D& :;3= &,5:1= ## D :;!!!= ,51'D3/D.E ### :;$= 6-5+4 ### :;#= 41/+4

  • :;%#=

7+-1 2 2$ :;$$= 7.+4

  • :;$!=

+-1B

  • ;2$%

!*+(

  • :; $=

1,,- 1(+ # :; = +- # :;%= 8+4### ### :;%= 7 45=./6

B,64(, ,9(4-2-.,8,?20.%2 ,/1&<,23/4113/

slide-23
SLIDE 23

23

  • -&-

23 09//,!*55, 8./F,2-,.1,.,5!$* /5151D5,1/

  • %./11

<(.?(./11 ;(.9(./1. ;(.?(./1. <(.9(./1.

%./1.19 %./1.19

+ #: $ ::

  • *

%* "!%* $* %$"* 7

  • #*

"* "* "$$* ""*

B&,1$!*$*.,2!*487&2/L BB-1%*.,

slide-24
SLIDE 24

24 24

646+,,

;2 !$ ;!$ ; $ :;%##= :;!!= :;2!= :;2= :;!= ; ;! ;2 ;2! ;2 ;2! ;2 3 5. ,51/ I 6

.//</B+#$./1.190+ 4#$$$-56

slide-25
SLIDE 25

25 * !* * !* * !* * !* * ()# () () () () ()

>1.-# 47$6

I 3

slide-26
SLIDE 26

26 26 26 26

! ! C "

&(,,(, ;%5

  • ,-/D8<

515, ;%!

  • //(,O ;$%
  • 48,/4O5 ;!

&+1 ;$ 4,0(5 ; +&/ ; +,1( ;#%

slide-27
SLIDE 27

27 ,9(4-20. && ;% ; ;"! ;# ;! ;" ;% ;"$ ;%! ; ; ; ; ; $ ;" ;% ; ;%$ ; ; $# ;! ;!$ ;" ;" #

; ; ; ; ; ;! ;" ;$

8" $)45-6

slide-28
SLIDE 28

,-+-.,

28

  • !
  • !
  • !
  • 1=BBJ1

7$

  • (-.,

+-.,

slide-29
SLIDE 29

,/

  • >/1
  • 515,D1,?1&>/
  • 7.,/525,.,1
  • &/?5L11G
  • 1,(.
  • 1P,1/13C+
  • I1,,,5,
  • ,5,&+7M5?N,

+G

  • 5/-/!1!2.1

.1./

  • ,/1

...,

  • ?.52.,21

1,,..

  • O11,G,1

1,

29

slide-30
SLIDE 30

30 30

$>$-E C

Source: Auditor of Public Accounts Comparative Report of Revenues and Expenditures

30 Note: BPOL is the Business, Professional and Occupational License Tax. M&T is the Machinery and Tools Tax

slide-31
SLIDE 31

31 31 31 31

  • C 0E$
  • ")

Source: Auditor of Public Accounts Comparative Report of Revenues and Expenditures

slide-32
SLIDE 32

32 * * * * * !* "* $* %* #* *

C3$0E$ %./11

7

  • (